Mantra CEO plans to burn team’s tokens in bid to win community trust

Mantra CEO says team is finalizing burn program details, buyback is well underway

Mantra's recovery efforts aim to restore investor confidence and stabilize the ecosystem, highlighting the importance of transparency and trust. The post Mantra CEO says team is finalizing burn program details, buyback is well underway appeared first on Crypto Briefing.

Mantra CEO Reassures Community After OM Coin’s Dramatic Valu

Mantra's CEO announced a plan to regain community trust after OM Coin's value drop. Steps include a token burn program to improve market transparency. Continue Reading:Mantra CEO Reassures Community After OM Coin’s Dramatic Value Drop The post Mantra CEO Reassures Community After OM Coin&#...

Mantra CEO Says New Details on OM Token Buyback and Supply Burn Program Coming Soon - The Daily Hodl

The CEO and co-founder of the real-world asset (RWA) crypto project Mantra (OM) unveils a plan to bring back community trust following a massive sell-off of the blockchain’s token. On Sunday, the value of the OM token plunged from a high of $6.35 to a low of $0.37, representing a huge drop of 94%. The price meltdown happened after at least 17 wallets transferred 43.6 million OM tokens ($227 million at the time) to crypto exchanges. In posts on t…

Strongly Recommended Watch: interviewing the ceo of $OM which crashed -90%

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Mantra CEO to burn his tokens as OM plummets 88% – A bold trust move?

The Mantra 90% drop on Sunday was followed by the CEO's announcement of a plan to burn the team's supply- will this win back trust?

Mantra CEO Proposes Burning Team Token Allocation

Mantra CEO John Patrick Mullin has put out a burning the team’s token allocation in a bold attempt to solve community issues and boost investor confidence. The disclosure comes as OM, the native token of the Mantra ecosystem, trades 88% below its weekly high, a dramatic correction that shook institutional and retail holders alike. Many feel that speculation about token unlocks and internal sell-offs set off the strong wave of selling pressure th…